💥💥💥💥Six price targets for SHIB that can increase SHIB by 997% to $0.000165! 🚀

How will SHIB achieve the ultimate goal of 997%?

From $0.00002629 to $0.00002825, a 163% increase.

From $0.00003778 to $0.0000399. A return of 272%

From $0.000065 to $0.00006773, a 545% increase

From $0.0000869 to $0.0000924, a 757% increase.

From $0.000124 to $0.00013

From $0.0001606 to $0.000165, a 997% increase

How to achieve it?

At the beginning of March, Shiba Inu managed to hit the impressive first and second target price levels of $0.000045, an achievement that was optimistically confirmed by the analyst on March 11. Despite this, the analyst still recommends keeping the trading plan flexible, as he firmly believes that SHIB has the ability to climb to higher peaks.

However, with the overall decline in the cryptocurrency market, Shiba Inu has temporarily lost both target price levels. But Abu Moon is confident about the economic recovery, and his views are also echoed by other analysts. Some analysts predict that the price will rise back to $0.00003. Another market observer, Crypto Sheriff, even expects that the price of the cryptocurrency will soon return to the $0.000045 level.

But in its price recovery, The Crypto Basic reminds us that SHIB still needs to cross several resistance levels. Although Shiba Inu has successfully broken through the lower Bollinger Band, it has not yet reached this level in the correction.

Regarding the Bollinger Band analysis of Shiba Inu, the asset is currently trading at $0.00001508, and its next target is the 20-day simple moving average (SMA), which is $0.00001715. To achieve this goal, SHIB needs to grow slightly by about 13%. Once it breaks through this area, Shiba Inu is expected to hit the upper Bollinger Band, with the price reaching $0.00001939, which will help it regain the important level of $0.00002.

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